Free Indiana Life & Health practice questions

Answer: B. The prelicensing and continuing education rules for an Indiana resident on that line

Section 8.2(a)(4) conditions a designated home state license on Sam meeting the same prelicensing and continuing education requirements that an Indiana resident producer must meet for that line of authority. The lack of licensing in Sam's home state is what makes Sam eligible for this license, not a reason to excuse education. The section does not substitute home state rules and does not waive prelicensing education.

Answer: A. The employee gains an additional period to exercise the conversion right.

Indiana gives an insured group member extra time to convert when notice of the conversion right is not given at least 15 days before the policy's conversion period expires. Notice 5 days before the deadline misses that threshold, so an additional period to exercise the right arises. It is not enough that some notice came before the period closed; the notice must come at least 15 days ahead. Late notice does not cancel the right or add an insurability requirement; the statute responds to it by extending the time to convert. Nor does the statute keep the original deadline while deferring only the premium, because the additional period applies to exercising the conversion right itself.

Answer: D. No, because questions designed to learn the results are barred as well.

An insurer putting medical history questions to someone applying for health care services coverage may not request genetic screening or testing results, and it is equally barred from asking questions designed to find those results out. A replacement question built to reveal the same information falls in that second category. The restriction is not limited to direct requests, it offers no exception for optional questions, and it governs the asking itself rather than depending on what the insurer later does with the answer.

Answer: B. An insurance producer license with a life qualification

The viatical settlements chapter requires a viatical settlement broker to be licensed as an insurance producer with a life qualification under the producer licensing law, IC 27-1-15.6-7. Accident and health is a different line of authority and is not the qualification the statute names. The statute does not accept a consultant license or a limited lines producer license in place of the life qualification.

Answer: D. At least one baseline screening mammogram before she turns 40

An insurer issuing an accident and sickness policy in Indiana must cover breast cancer screening mammography, and for an insured at least 35 but under 40 that coverage includes at least one baseline screening mammogram performed before she turns 40. Annual screening applies to an insured under 40 only if she is a woman at risk, and to every insured age 40 or older, so Ana is not owed yearly screening now. Waiting until 40 ignores the baseline requirement, and the statute sets no two-year interval.

Answer: B. Surplus lines producers licensed under IC 27-1-15.8

The chapter's opening section says it governs how insurance producers qualify for and obtain their licenses. It then carves out surplus lines producers licensed under IC 27-1-15.8, reaching them only where one of the two chapters specifically says so. Limited lines producers, nonresident producers and consultants are not carved out: the same chapter itself provides for limited lines producer licenses, nonresident producer licenses and consultant licenses.

Answer: D. Suspension or revocation of the license, at the commissioner's discretion

IC 27-4-1-12 provides that a person who violates a final cease and desist order while it is in effect may, after notice and hearing and on the commissioner's order, be subject at the commissioner's discretion to one or more listed sanctions, and subdivision (2) is suspension or revocation of the person's license or certificate of authority. The section lists that license action beside a civil penalty, so it is not limited to money. It conditions any sanction on notice and hearing, so nothing in it is automatic, and it names no reprimand.

Answer: C. The offer itself is an unfair practice, even though nobody has accepted it or bought an annuity

Ind. Code Sec. 27-4-1-4(a)(8), except where IC 27-1-47 or another law expressly provides otherwise, lists as an unfair practice paying or giving, or offering to pay or give, any rebate of premiums that the contract does not specify, as an inducement to buy insurance, and it names life annuities among the contracts covered. Because offering is listed alongside paying, the practice is complete when the offer is made, whether or not anyone accepts or any money changes hands. The subdivision does not limit the rule to offers made in person. Annuities are expressly within it, so the offer is not left to securities law.

Answer: D. The general fund of the state of Indiana

IC 27-4-1-6(c) directs that all civil penalties imposed and collected under that section go into the state general fund. The section does not route these penalties to the department of insurance fund, to a policyholder restitution account, or to the guaranty association.

Answer: D. Benefits of endowment, along with annuities

The life line of authority covers human lives and expressly includes benefits of endowment and annuities; the description adds that it may include accidental death or dismemberment benefits and disability income benefits. Liability coverage for injury to others belongs to the casualty line, coverage for damage to property belongs to the property line, and protection against title defects in real estate belongs to the title line.